Wolfe County, Kentucky Housing Market
In Wolfe County, Kentucky, the median home value is $75,800, with a median monthly rent of $501. This places Wolfe County at #3103 nationally out of 3134 counties by median home value, and #116 within Kentucky.
📈 Price Trend (2017 → 2024)
ℹ️ FHFA HPI data is not available for this county due to limited mortgage transaction volume.
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $743
- Establishments: 165
- BLS QCEW, 2025
Migration Patterns
- Inflow: 2,030 (avg $43,615)
- Outflow: 1,938 (avg $44,011)
- IRS Statistics of Income
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💰 Mortgage Guide → 🧾 Property Tax Data →How Wolfe County Compares
| Metric | Wolfe County | Kentucky Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $75,800 | $160,835 | $227,706 |
| Median Gross Rent | $501 | $793 | $968 |
| Owner Occupancy Rate | 73.6% | 73.4% | 73.3% |
| Price/Rent Ratio | 12.6 | 16.6 | 18.7 |
Market Analysis
The median home value in Wolfe County is 52.9% below the Kentucky state average and 66.7% below the U.S. national average. The median rent of $501/month is 36.8% below the state average.
With a price-to-rent ratio of 12.6, buying a home in Wolfe County is generally more favorable than renting for those planning to stay long-term. A ratio below 15 typically signals that purchasing is financially advantageous over a multi-year horizon.
Wolfe County has an owner-occupancy rate of 73.6%, compared to 73.4% in Kentucky and 73.3% nationally. This indicates a more homeowner-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Republic County | Kansas | $75,600 | $664 |
| Webster County | West Virginia | $76,100 | $709 |
| Allendale County | South Carolina | $76,200 | $662 |
| Lee County | Arkansas | $75,300 | $667 |
| Appling County | Georgia | $76,700 | $739 |
Other Counties in Kentucky
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Knott County | $77,000 | $756 | 72.7% |
| Harlan County | $73,700 | $678 | 71.6% |
| Fulton County | $79,100 | $570 | 61.8% |
| Owsley County | $80,100 | $448 | 70.1% |
| Breathitt County | $70,300 | $548 | 76.6% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-14. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).